Home Nucleus Chemical & Materials Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032

Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032

Overview

The Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is expected to reach a 43,007.46 USD Billion by 2032 and is projected to grow at a CAGR of 3.17% from 2025 to 2032.

Revenue, 2024 (USD Billion)
31,205.49
Forecast, 2032 (USD Billion)
43,007.46
CAGR, 2024 - 2032
3.17%
Report Coverage
Global

Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market 2018-2032 USD Billion

Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market , Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 31,205.49 USD Billion
  • Projected Market Size (2032): 43,007.46 USD Billion
  • CAGR (2025-2032): 3.17%

Key Findings of Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market

  • The Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market was valued at 43,007.46 USD Billion in 2024.
  • The Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is likely to grow at a CAGR of 3.17% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Polyurethane Foam in Application Segment accounted for the largest share of the market with a revenue of 24,935.91 USD Billion
  • The fastest growing segment Furniture in End-User Segment grew Fastest with a CAGR of 3.46% during the forecast period from 2024 to 2032.

Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Scope

Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Segmentation & Scope
End-User
  • Packaging
  • Others
  • Healthcare
  • Textiles
  • Footwear
  • Industrial Machinery
  • Home Appliances
  • Electrical and Electronics
  • Building & Construction
  • Automotive
  • Furniture
Application
  • Polyurethane Coatings
  • Polyurethane Adhesives and Sealants
  • Polyurethane Elastomers
  • Others
  • Polyurethane Foam
Raw Material
  • Others
  • Chlorine
  • Methanol
  • Nitric Acid
  • Toluene
  • Benzene
  • Natural Gas
  • Crude Oil
Type
  • Toluene Diisocyanate (TDI)
  • Methylene Diphenyl Diisocyanate (MDI)

Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Data Coverage Insights

Study Period 2024-2032
Base Year 2022
Unit Revenue in USD Billion
Market Value in 2024 31,205.49 USD Billion
Market Value in 2032 43,007.46 USD Billion
CAGR (2025-2032) 3.17%
Historic Data 2016-2023
Market Segments Covered End-User,Application,Raw Material,Type

Regional Insights:

  • Leading Market (2024-2032): Global, leading in terms of revenue 31,205.49 USD Billion in 2024
    • Key Country: China, leading in terms of revenue with value of 6,929.16 USD Billion in 2024.

Segments and Scope

  • Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032, By End-User
    • Furniture is the largest segment in Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a revenue of 21,668.79 USD Billion in the year 2024.
    • Furniture is the Fastest growing segment in Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a Growth rate of 3.46 % in forecast period 2025-2032.
  • Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032, By Application
    • Polyurethane Foam is the largest segment in Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a revenue of 24,935.91 USD Billion in the year 2024.
    • Polyurethane Foam is the Fastest growing segment in Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a Growth rate of 3.32 % in forecast period 2025-2032.
  • Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032, By Raw Material
    • Crude Oil is the largest segment in Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a revenue of 14,125.76 USD Billion in the year 2024.
    • Crude Oil is the Fastest growing segment in Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a Growth rate of 3.42 % in forecast period 2025-2032.
  • Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032, By Type
    • Methylene Diphenyl Diisocyanate (MDI) is the largest segment in Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a revenue of 23,970.99 USD Billion in the year 2024.
    • Methylene Diphenyl Diisocyanate (MDI) is the Fastest growing segment in Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market to 2032 with a Growth rate of 3.33 % in forecast period 2025-2032.

Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Company Share Analysis

 
Company Name Company Share Analysis
SABIC
Covestro AG
Dow
Huntsman International LLC
Shell
Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Company Share Analysis

Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Company Profiling

Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Company Profiling

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Frequently Asked Questions
The Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is segmented based on Segmentation End-User,Application,Raw Material,Type.
Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market was valued at USD 31,205.49(Revenue in USD Billion) in 2022.
Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is projected to grow at a CAGR of 3.17% during the forecast period of 2024 to 2032.
The Polyurethane Foam segment is expected to dominate the Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market , holding a largest market share of 24,935.91 USD Billion in 2024

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Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Scope

Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Segmentation & Scope
End-User
  • Packaging
  • Others
  • Healthcare
  • Textiles
  • Footwear
  • Industrial Machinery
  • Home Appliances
  • Electrical and Electronics
  • Building & Construction
  • Automotive
  • Furniture
Application
  • Polyurethane Coatings
  • Polyurethane Adhesives and Sealants
  • Polyurethane Elastomers
  • Others
  • Polyurethane Foam
Raw Material
  • Others
  • Chlorine
  • Methanol
  • Nitric Acid
  • Toluene
  • Benzene
  • Natural Gas
  • Crude Oil
Type
  • Toluene Diisocyanate (TDI)
  • Methylene Diphenyl Diisocyanate (MDI)
Frequently Asked Questions
The Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is segmented based on Segmentation End-User,Application,Raw Material,Type.
Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market was valued at USD 31,205.49(Revenue in USD Billion) in 2022.
Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is projected to grow at a CAGR of 3.17% during the forecast period of 2024 to 2032.
The estimated market value of the Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market for final year is USD 43,007.46 (USD Billion).

Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Company Profiling

Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market Company Profiling
Frequently Asked Questions
The Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is segmented based on Segmentation End-User,Application,Raw Material,Type.
Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market was valued at USD 31,205.49(Revenue in USD Billion) in 2022.
Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market is projected to grow at a CAGR of 3.17% during the forecast period of 2024 to 2032.
The estimated market value of the Global Methylene Diphenyl Diisocyanate (MDI), Toluene Diisocyanate (TDI) and Polyurethane Market for final year is USD 43,007.46 (USD Billion).

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